Basic Bookkeeping Lunch Talk In Singapore

Welcome to an insightful lunch talk tailored to demystify the fundamentals of bookkeeping amidst the dynamic landscape of Singapore. In a world where financial literacy is paramount, understanding the basics of bookkeeping lays a solid foundation for personal and business financial management. This session is crafted to equip participants with essential knowledge and practical skills to navigate through the intricacies of bookkeeping with confidence and clarity.

Join us as we delve into the world of basic bookkeeping, unraveling the principles of recording financial transactions, balancing accounts, and generating financial reports. Through interactive discussions, real-life examples, and hands-on exercises, participants will gain a deeper understanding of bookkeeping terminology, principles, and best practices. Whether you’re a small business owner, an aspiring entrepreneur, or simply interested in enhancing your financial literacy, this lunch talk promises to be an enriching experience that will empower you to manage your finances effectively in the bustling metropolis of Singapore.

Talk Objectives:

  1. Introduce Bookkeeping Fundamentals:
    Provide participants with a clear understanding of basic bookkeeping principles, including debits, credits, and the double-entry system, to lay the foundation for effective financial record-keeping.
  2. Explain Financial Transaction Recording:
    Educate participants on the process of recording financial transactions accurately and systematically using journals, ledgers, and accounting software, ensuring the integrity and reliability of financial data.
  3. Demonstrate Account Reconciliation Techniques:
    Illustrate techniques for reconciling bank statements, accounts receivable, and accounts payable to identify discrepancies and maintain accurate financial records.
  4. Discuss Chart of Accounts Setup:
    Guide participants in setting up a comprehensive chart of accounts tailored to their specific business needs, facilitating efficient categorisation and tracking of financial transactions.
  5. Explore Financial Reporting Requirements:
    Familiarise participants with standard financial reports such as the income statement, balance sheet, and cash flow statement, enabling them to interpret and analyse financial performance effectively.
  6. Provide Tips for Expense Management:
    Offer practical tips and strategies for managing expenses, including budgeting techniques, expense tracking, and cost control measures, to optimise financial resources and improve profitability.
  7. Address Tax Compliance Obligations:
    Highlight key tax compliance obligations for businesses and individuals in Singapore, including GST registration, filing deadlines, and tax deductions, to ensure adherence to regulatory requirements.
  8. Promote Data Security and Confidentiality:
    Emphasise the importance of maintaining data security and confidentiality in bookkeeping practices, including secure storage of financial records and access controls, to protect sensitive financial information.
  9. Encourage Regular Financial Reviews:
    Encourage participants to conduct regular financial reviews and audits to identify trends, assess financial health, and make informed business decisions based on financial performance indicators.
  10. Offer Resources for Further Learning:
    Provide participants with resources and references for further learning, including recommended books, online courses, and professional organisations, to support ongoing skill development and mastery of bookkeeping principles.

Join us for an enlightening journey into the world of basic bookkeeping at our upcoming lunch talk in Singapore. Take the first step towards financial empowerment and register today to secure your spot in this valuable learning opportunity.

Don’t miss out on the chance to gain practical skills, expand your knowledge, and network with like-minded individuals. Reserve your seat now and embark on a path towards financial proficiency and business success. We look forward to welcoming you to a rewarding experience that will empower you to effectively manage your finances and achieve your goals.

More Information:

Duration: 60 minutes

Fees: SGD 1899.97  SGD 1334.96

For more information please contact us at: contact@knowlesti.sg or please call: +65 6714 6663

If you would like to register for this talk, fill out the registration form below.

     

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